| # | Author | Message |
1
| patrickegan
Sat 1/17/2009 7:22a | Let us suppose we half the CEO compensation package and reinvest it in the park.
Thoughts??? |
2
| patrickegan
Sat 1/17/2009 7:24a | $25.5'Million' of course |
3
| FerretAfros
Sat 1/17/2009 11:17a | Well, it could cover most of the cost of the Pooh ride (I think that was around $30 million), or pay for some pretty lenghty refurbs. It could also help clean up backstage and make for (somewhat) better working conditions for the CM's, who have a direct impact on a guest's enjoyment of the day... |
4
| patrickegan
Sat 1/17/2009 8:54p | Or maybe some raises for the lower paid workers? |
5
| fkurucz
Sun 1/18/2009 12:15a | ^^Haven't you received the memo? Pay raises are un-American. |
6
| trekkeruss
Sun 1/18/2009 6:13a | JMHO, but everyone is a communist when it comes to other people's money. Do I think many CEO's are overpaid? Absolutely, but I can say that about people and their jobs too. Entertainers and athletes come to mind. But if it was your job and your money, would you think it fair for someone to come along and penalize you just because you make a lot of money? |
7
| trekkeruss
Sun 1/18/2009 6:44a | One other thing: Iger was not paid $51 million; most of that figure is stock options. So there is no $25.5 million in cash to give to lower paid workers. |
8
| patrickegan
Sun 1/18/2009 8:42a | That argument doesn’t wash, if you are going to float the stock to pay one worker you can do the same and pay all the workers. No one is worth $4.25 million + a month with the low wages they pay the employees and the vendors in China. Or how about the crew of scallywags that ran the park into the ground for years and that cheaply crafted abomination across the way? Just as is the model with the CM who basically take the jobs “pay to play” or suffer the privations of low wages for the experience of working for the franchise, why not employ that model with the CEO? Kind of like Obama model, he is going to run the country for $400,000/year. Forecast for the economy this year and next are not good and even if you’re pulling down over ten time that a month you can’t fix it. It is symptomatic of a system rife with greed and companies that we (including the proletariat), are now bailing out. Not a commie, but if I could live with this disparity with a smile on my face I’d vacation in Mexico. |
9
| FerretAfros
Sun 1/18/2009 9:41a | Just out of curiosity (I'm sure this will turn into a WE thread shortly...), how could one person or average size family spend that much money in a month? I don't mean to make fun of them, but there seems to be a point where you're making more than enough money to live quite comfortably, you're making enough to put some in your savings to continue living comfortably after you retire, and then what? There seems to be a couple million extra (each month) that I, for one, would have no idea what to do with. Any ideas how they spend it all? |
10
| fkurucz
Sun 1/18/2009 12:55p | <<JMHO, but everyone is a communist when it comes to other people's money.>>
Oh please. USA CEOs have gamed the system to pay themselves atronomically huge salaries, much bigger than those paid to CEOs in other industrialized nations.
I still don't understand why socialism for the rich (bail outs) are OK but living wages for the little people are bad.
<<how could one person or average size family spend that much money in a month>>
These people do not think the way normal people do. We are content to have a nice home, steady job, nice set of wheels, an annual vacation, good food on the table and a reasonable retirement at the end. IMO what the uber class really craves is power over other people. Big bucks are one way of achieving this.
Think about nations where oligarchs rule. They are above the law. That is power. |
